1028 Johnson Street, King...
Frontenac, K7M 2N4
- 2500-3000 Sq-Ft
- 10 Bedrooms
- - Garage
- 5 Bathroom
Start From
$ 1,099,900
Descripation
Exceptional investment opportunity with this 5-unit apartment building in a prime Kingston location, just minutes from Queen's University and the downtown core. Each unit features 2 bedrooms and 1 bathroom, with ample on-site surface parking for tenants. The property offers an estimated 36%+ upside in NOI through tenant turnover, along with additional value-add potential by converting the existing storage/laundry room into a sixth residential unit (subject to all required approvals).
Essential Information
- Price: $1099900
- For: Residential Freehold
- Property Types: Multiplex
- Area: 2500-3000 SQFT
- Country: CA
- City: Kingston
- Garages:
- Bedrooms: 10
- Bathrooms: 5
- Fronting On: North
- Listing ID: X13656320
- Cross Street: Johnson St & Mowat Ave
- Annual Property Tax: $ 7545.55
- Lot Size: < .50
- Listing Brokerage: AXON REAL ESTATE BROKERAGE INC.